Join ICI in Nashville, Tennessee, September 15-17, 2026, for the inaugural Compliance, Risk, and Legal Conference. Connect with industry leaders, regulators, independent directors, and legal, regulatory, and risk professionals to explore the latest developments shaping the investment management industry.
As market indexes become increasingly concentrated, funds that qualify as “diversified” are facing a growing challenge. Many funds must either limit exposure to their largest investments, potentially altering their strategy, or pursue shareholder approval to become non-diversified, a costly and uncertain process.
As many diversified indexes become increasingly concentrated (the S&P 500’s top 10 holdings constituted 38% of the index in August 2026), many “diversified” funds must consider whether to (i)...
Fund proxy campaigns are a costly burden. ICI demonstrated this in 2019 and again in 2026 . Major reforms to fund proxy requirements to alleviate these burdens would fit perfectly within the SEC’s...
Average ongoing charges for equity and fixed-income UCITS have declined by 26% and 30%, respectively, since 2013, according to a new report from the Investment Company Institute (ICI), Ongoing Charges for UCITS in the European Union, 2025.
NBFI’s share of total financial assets has risen in both the US and Euro area since year-end 2023, but the increase is largely driven by equity investment funds and ETFs rather than riskier forms of non-bank activity.
NBFI’s share of total financial assets has risen since year-end 2023 in both the US and Euro area, but the composition of that increase matters more than its size. In both regions, equity investment...
In a 2024 Viewpoints post, we showed that despite substantial growth in absolute terms, non-bank financial intermediation’s (NBFI) share of total financial assets had remained broadly stable in both...
The Investment Company Institute submitted a letter to provide feedback to Christopher Woolard, the UK's Wholesale Digital Markets Champion, in connection with his First Report on the Wholesale...
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ICI Chief Government Affairs and Public Policy Officer Tom Quaadman issued a statement in response to the Securities and Exchange Commission’s (SEC) proposal to repeal its rule governing political contributions by investment advisers.
